Pepsico's stock (PEP) fell in the intraday levels, amid negative pressure from the 50-day SMA,. amid the dominance of the downward correctional wave in the short term, while trading alongside the main upward medium-term trend line, with positive signals out of the RSI after reaching oversold levels, marking a loss of 0.09% in the last session, or 16 cents, and settling at 182.19. 

Therefore we expect more losses for the stock, targeting the support of 177.45, provided the resistance of 186.85 holds on. 

Expected trend for today: Bearish